Malaysia’s Industrial Production Index (IPI) decreased 4.9 per cent in March 2020
The Industrial Production Index (IPI) dropped 4.9 per cent in March 2020 as compared with the same month of the previous year. The decline in IPI in March 2020 was contributed by the decrease in all indices, which were index of Manufacturing (-4.2%), index of Mining (-6.5%) and index of Electricity (-7.0%).
On year-on-year basis, the Manufacturing sector output dropped 4.2 per cent in March 2020 after recording an increase of 6.2 per cent in February 2020. The major sub-sectors contributing to the decrease in Manufacturing sector in March 2020 were Electrical and Electronics Products (-5.0%), Non-metallic Mineral Products, Basic Metal and Fabricated Metal Products (-9.8%) and Food, Beverages and Tobacco (-9.9%).
The Mining sector output dropped 6.5 per cent in March 2020 as compared to the same period of the previous year. The negative growth was due to the decrease in Natural Gas index (-6.0%) and Crude Oil and Condensate index (-7.1%).
The Electricity sector output decreased 7.0 per cent in March 2020 as compared to the same month of the previous year.
The IPI for the first quarter 2020 recorded a growth of 0.4 per cent as compared to the same period of the previous year. This positive growth was contributed by the increase of 1.3 per cent in Manufacturing index. Meanwhile, Electricity index and Mining index recorded a reduction of 0.4 per cent and 1.8 per cent respectively.
The full publication of the Industrial Production Index, March 2020 can be downloaded through eStatistik portal.
Data for March 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the April 2020 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 May 2020
Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
E-mail : yusrizal.razak[at]dosm.gov.my